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the cumulative amount exceeds 140 billion! nearly 2,000 a-share listed companies have implemented buybacks this year, and the ranking list of individual stock buyback amounts has been released

2024-10-06

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financial news agency, october 5 (editor li chen)since the beginning of this year, many a-share companies have issued buyback announcements, and the trend of buybacks has surged one after another, with large quantities and high amounts. wind data shows that since 2024,1,968 listed companies have implemented repurchases, with a cumulative repurchase amount of 140.66 billion yuan.

judging from the amount of repurchases by listed companies,11 companies have repurchased amounts exceeding 1 billion yuan, specifically wuxi apptec, hikvision, sanan optoelectronics, catl, tongwei co., ltd., baosteel co., ltd., sf holding, asymchem, jiuan medical, hebang biotech and weill co., ltd. in,wuxi apptec ranks first in buyback volume, amounting to 3 billion yuan; hikvision ranked second with a repurchase amount of 2.894 billion yuan; sanan optoelectronics and catl both exceeded 1.9 billion yuan. in addition, the amount of tongwei share repurchase amounted to 1.797 billion yuan. see the figure below for details:

wuxi apptec, the leading cro with a total market value of over 150 billion yuan, announced on september 27, september 26, 2024,the company completed the third share repurchase in 2024, a total of 23,934,621 a shares have been repurchased through centralized bidding transactions, accounting for 0.82% of the company's total share capital as of the date of this announcement. the highest repurchase price is rmb 44.43 per share, and the lowest repurchase price is rmb 37.37 per share. the average price is rmb 41.78 per share, and the total funds used are rmb 1 billion (excluding transaction fees). according to statistics from wuxi apptec’s content department, as of september 30, 2024,in september this year, a total of more than 154 financing activities were completed in the global biomedical field., the cumulative total publicly disclosed financing has exceeded 4.7 billion us dollars. among them, 18 companies focusing on developing innovative drugs have completed a single financing exceeding the us$50 million mark.

hikvision, the largest domestic security video surveillance product supplier with a total market value of over 290 billion yuan, announced on august 16 that the company has completed the repurchase and cancellation of restricted shares related to the 2021 restricted stock plan. the number of restricted shares repurchased and canceled this time was 97.4026 million shares, accounting for 1.0439% of the company's total share capital (9.331 billion shares) before repurchase and cancellation.at the same time, hikvision has paid a total repurchase price of 2.894 billion yuan to incentive targets.. after completing this repurchase and cancellation, the company's total share capital will be reduced to 9.233 billion shares. zheng hongda and others from western securities stated in a research report released on september 4 that hikvision is a leading company in the field of intelligent iot and actively empowers the digital transformation of the industry. in the early days of its establishment, hikvision focused on the research and development and production of video compression boards. in the development process, it took video technology as the starting point and continuously enriched the iot sensing capabilities. now it has relatively comprehensively covered various physical sensing technology fields. hikvision positions its business as "intelligent internet of things (aiot)" and actively empowers the digital transformation of various industries. at present,hikvision has extensively covered more than 500 segmented scenarios in more than 10 major industries and nearly 90 sub-industries.

zheng hongda also said that with the emergence of generative artificial intelligence, more and more industries are beginning to apply large models to improve quality and efficiency and achieve digital upgrades. although the growth of hikvision's main business has slowed down due to the impact of the macro economy, in the medium to long term, the digitalization needs of domestic and foreign governments and enterprises remain clear.hikvision’s innovative business blossoms in many areas, opening up room for growth. at present, hikvision has incubated eight innovative business platforms including ezviz network, hikvision robotics, hikvision weiying, hikvision automotive electronics, hikvision storage, hikvision fire protection, hikvision ruiying and hikvision huiying. in addition, sanan optoelectronics ranked third in terms of repurchase amount during the year. details can be found in previous in-depth reports by the financial associated press.the cumulative amount exceeds 110 billion! more than 1,800 a-share listed companies have implemented buybacks this year, and the ranking list of individual stock buyback amounts has been released

catl, the world's leading power battery system provider with a total market value of over 1.1 trillion yuan, announced on august 1 that as of july 31, 2024,the company has repurchased a total of 15,991,524 shares of the company., accounting for 0.3635% of the company's current total share capital, the highest transaction price was 194.10 yuan/share, the lowest transaction price was 146.31 yuan/share, and the total transaction amount was 2.711 billion yuan (excluding transaction fees). recently, catl has joined forces with a number of local state-owned funds and investment companies affiliated with well-known securities firms to jointly establish the fujian times zeyuan equity investment fund partnership (limited partnership), with an investment of up to 5.086 billion yuan. it is understood thatthis time catl invested 700 million yuan in cash into this private equity fund, and will invest in new energy and high-end manufacturing fields in the future.. catl announced on september 9 that it had signed a deepening cooperation agreement with the luoyang municipal people's government and guohong group. according to the agreement, the company plans to build the second phase of the zhongzhou era project on the basis of the existing zhongzhou era project phase i, with an annual production capacity of 60gwh. catl announced on the same day that it plans to invest 700 million yuan in a carbon neutral fund.

tongwei co., ltd., the world's leading high-purity crystalline silicon company with a total market value of over 100 billion yuan, announced on september 3 that as of september 3, the company had repurchased a total of 90.5173 million shares of the company, accounting for 2.0106% of the company's total share capital.the cumulative repurchase amount is 1.797 billion yuan. xu baiqiao of haitong securities stated in a research report released on september 26 that the polysilicon industry is currently in the clearing stage. tongwei has further deepened its deep binding with downstream core customers through long-term equity cooperation and other models, and its unit cost remains industry leading. , the comprehensive power consumption per unit has dropped below 50 degrees, the silicon consumption has been as low as less than 1.04kg/kg-si, and various production consumption indicators have continued to be optimized. analysts believe that at the bottom of the industry cycle, companies that lack cost and sales guarantees will gradually exit, and tongwei's leading low position will be strengthened to lead the next round of growth. tongwei co., ltd. plans to export hjt+ copper interconnect solutions with tongwei characteristics by the end of 2024. also,tongwei has also made positive progress in the research and development of new battery technologies such as xbc and perovskite/silicon stacks.. analysts believe that there are opportunities for technology iteration in the cell sector, and tongwei co., ltd. is expected to lead the next round of growth with the rapid implementation of new technologies.

(lichen, financial associated press)
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